Supporting UK Savings Week

Developing good savings habits is important as it can protect you against potential financial emergencies, remove financial stress and anxiety, and help you live your financial life. 

Through our award-winning business, Snoop, consumers are shown areas of their finances where they can cut their bills, get the most out of their money, and start saving: Cut your bills with the money saving app | Snoop  

Whilst within our Vanquis brand we’re expanding and further developing our savings products into new markets, with an exciting-looking pipeline for the mid-cost market. 

Plus, we already partner with both National Numeracy and Plain Numbers, both advocating for the UK’s improved understanding of numbers, leading to a better understanding of finances, and helping people into a more positive financial position.  

For all these reasons, this is why we’re supporting UK Savings Week.  

UK Savings Week 

With an average of 12% of people across the country with no savings at all, and of those who do save, over a third never check their savings rates, missing out on additional income.* 

Therefore this year, UK Savings Week is launching a Savings Challenge to help make saving simple, easy, and rewarding:  

1. Set a goal – encouraging people to review their finances and set a target amount to save each month  

2. Make it a habit – take it off your to do list by setting up a monthly payment into a savings account 

3. Reward yourself – rewards don’t need to be complicated, but they are crucial in helping people to stay motivated. UK Savings Week will provide monthly tips, as well as free and exclusive lifestyle content, so that you can make saving a genuinely happy habit 

You can learn more about the campaign here: UK Savings Week | 18th - 24th Sept 2023 or find more content on Instagram @snoopapp – X, @SnoopApp or search for “UK Savings Week”  

 

About UK Savings Week 

UK Savings Week is an annual campaign to get people engaged in saving. It has been introduced through the collaboration of several building societies, credit unions and other providers, as well as consumer groups and debt charities. This year's campaign will run from 18 to 24 September 2023. 

 UK Savings Week aims to raise awareness of the importance and benefits of saving, and to encourage people to foster better savings habits. It has no commercial intentions and it won’t promote specific savings accounts or providers. 

 We expect that each year more organisations will get involved in UK Savings Week, using it as a focal point for amplifying consumer engagement and support around savings. 

*Information taken from UK Savings Week data research conducted by the Building Societies Association